Private equity firms Shore Capital Partners and Silver Lake Technology Management have partnered to create an entity that has bought and merged two chains of veterinary clinics.
Category: 19 November 2024
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SPOTLIGHT ON CHINA’S ECONOMIC STRUGGLE: CHINA’S DOMESTIC ECONOMY PERKED UP IN OCTOBER
In October, China’s retail sales grew by 4.8 percent, their sharpest monthly increase since February, figures reported by the National Bureau of Statistics showed.
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LUXURY COMPANIES MISS FINANCIAL TARGETS
The personal luxury goods industry lost 50 million customers this year, according to a new report by consulting firm Bain & Co. and Italian luxury trade group Altagamma.
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SPOTLIGHT: CONSUMER PRODUCT COMPANIES ARE STILL TAKING A BEATING
BMW, Honda, and Toyota reported sharp drops in third-quarter profits and cited the continuing weakness in China’s passenger vehicle market as the cause.
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THIS IS HOW IT BEGINS: THE DEEP STATE WANTS TO TERMINATE THE CONSTITUTION
This is how it begins. This is how it always begins, justified in the name of national security.
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LEBANON DEATH TOLL
The death toll in Lebanon from Israeli strikes reached 3,544. At least 15,036 people suffered injuries and the Israeli attacks have resulted in more than 1 million residents fleeing from their homes.
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GAZA DEATH TOLL
The death toll in Gaza reached 43,972 on Tuesday with at least 104,008 wounded and 11,000 people missing. About 90 percent of the population has been displaced.
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CURRENT BENCHMARKS FOR MEASURING AI ARE OBSOLETE
The AI industry has evolved a set of standard benchmarks against which AI models are tested. That allows developers to see how effective their systems are and also allows developers and users to compare systems against each other.
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THE NEW HOT COLLATERAL FOR LOANS: NVIDIA CHIPS
AI companies scrambling for cash to build new models and open data centers are offering their most valuable commodity as collateral for their loans—the Nvidia chips that make AI work.
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AMAZON EXPECTS TO UNVEIL ITS NEWEST AI CHIP NEXT MONTH
Concerned about its dependence on other suppliers for the processors that make AI work—and looking to earn back some of the billions it has showered on AI development—Amazon has emulated Microsoft, OpenAI, and other tech majors in making its own.